'Red Scares'
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From: Michael Coburn on 28 Jul 2010 12:50 On Wed, 28 Jul 2010 05:07:40 -0400, Dave Head wrote: > On Wed, 28 Jul 2010 05:00:16 -0400, Dave Head <rally2xs(a)att.net> wrote: > > >>>But there is no real substitute for import tariffs. >> >>Wikipedia: >> >>"The overall level tariffs under the Tariff were the second-highest in >>US history, exceeded only (by a small margin) by the Tariff of 1828[3] >>and the ensuing retaliatory tariffs by U.S. trading partners reduced >>American exports and imports by more than half. >> >>Some economists have opined that the tariffs contributed to the severity >>of the Great Depression.[4][5][6]" >> >>Import tariffs, only if we're into making the same mistake twice. > > BTW, those were the Smoot-Hawley tariffs of 1930. Reference: > > http://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act I have read that article many times. Yours is the same sort of reaction we see when we suggest that the Fed needs to take more actions to CAUSE inflation and restore the American and world economy. We get boat loads of cites about HYPER-INFLATION. -- "Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60
From: Beam Me Up Scotty on 28 Jul 2010 14:25 On 7/28/2010 5:15 AM, Dave Head wrote: > On Wed, 28 Jul 2010 00:52:48 -0400, Beam Me Up Scotty > <Then-Destroy-Everything(a)Blackhole.NebulaX.com> wrote: > >> Government employees get paid more than the private sector. > > BS. Has never been true either of the 2 places I've worked as an > engineer. Any gov't engineer can quit the gov't and have instantly > higher salary in the private sector. > >>> and have to make a profit to boot. That also adds to the cost. Gov't >>> workers don't have to produce a profit, just the software. >> >> >> And that's why they waste more and produce nothing. They aren't even >> self sufficient. > > You have no idea what you're talking about. If they made any money then we'd not be paying all that tax to pay them.
From: bugo on 28 Jul 2010 15:50 "Dave Head" <rally2xs(a)att.net> wrote in message news:4mrv46l339elkr5qd23o02rn2nd9a8l30l(a)4ax.com... > On 27 Jul 2010 16:38:25 GMT, Michael Coburn <mikcob(a)verizon.net> > wrote: > >>I will NEVER disagree with the _FACT_ that corporate income taxes hurt >>corporations. > > And since we can only tax _American_ corporations, then it would seem > fairly obvious that we should not be doing that. Why hurt your own > players in a global game? We can tax foreign corporations. It's called a tariff. > No, no, no. Lets not do that. Repeal the income taxes. Save the > nation. How is it going to change things? It's not going to bring in any more money than the current system does. All it would do is shift the tax burden even further to the middle class and working poor.
From: bugo on 28 Jul 2010 15:53 "Beam Me Up Scotty" <Then-Destroy-Everything(a)Blackhole.NebulaX.com> wrote in message > Except that when I "steal" $10.00 from you and then come to your yard > sale the next morning and buy a CD for $10.00 then you say I have > stimulated your economic standing? Dude, if you're paying $10 for a used CD from a yard sale, you're getting ripped off. Unless it's a rare import or something.
From: Dave Head on 28 Jul 2010 20:27
On Wed, 28 Jul 2010 14:50:59 -0500, "bugo" <watuzi(a)yahoo.com> wrote: > > >"Dave Head" <rally2xs(a)att.net> wrote in message >news:4mrv46l339elkr5qd23o02rn2nd9a8l30l(a)4ax.com... >> On 27 Jul 2010 16:38:25 GMT, Michael Coburn <mikcob(a)verizon.net> >> wrote: >> >>>I will NEVER disagree with the _FACT_ that corporate income taxes hurt >>>corporations. >> >> And since we can only tax _American_ corporations, then it would seem >> fairly obvious that we should not be doing that. Why hurt your own >> players in a global game? > >We can tax foreign corporations. By initiating an economic boom. Industrialists will probably break both ankles running to the USA to build a factory in the newest tax shelter on the planet. A zero tax manufacturing environment is about as good as it gets. And, you want a $10 - $15 trillion stimulus? Without costing the gov't a dime? Just repeal the income tax,. and the $10 - $15 trillion that is American money and that is hiding overseas from the income tax will come back... and start building factories to manufacture things, and make their owners even MORE money. That's how it works. That's called growth. And growth is the only way we have out of this economic recession / depression / whatever it is. >It's called a tariff. Yep, and the Fair Tax has a built-in tariff. > >> No, no, no. Lets not do that. Repeal the income taxes. Save the >> nation. > >How is it going to change things? By making American products cheaper, and therefore more competitive, while taxing imports much like a tariff. >It's not going to bring in any more money >than the current system does. Nope, its not designed to. But it is still up to the gov't to quit spending so much. >All it would do is shift the tax burden even >further to the middle class and working poor. The poor don't pay a penny of Fair Tax. The middle class would pay less tax than they do now. |